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Dec 7, 2012
12/12
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WBAL
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. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were affected one way or the other. businesses had to shut down. between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >> scattered showers toda
. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were affected one way or the other. businesses had to shut down....
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Dec 6, 2012
12/12
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WUSA
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, but as of now, no evidence there's any future negotiations scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1st for those earning more than $250,000 a year, but extending them for everybody else. just 32% say the cuts ought to be extended across the board. joining us now to talk fiscal cliff and ramifications for all of us around here in the d.c. area, virginia congress member gerry connolly, a democrat representing annandale, parts of prince herndon county, fairfax, welcome, sir. we know the arguments by now, very familiar. the president wants to cut off the tax cuts for everybody making over a quarter million. john boehner and the house republicans would rather see deductions and hoop holes closed. why are you? are you with the president wholeheartedly on this? >> well, i certainly agree with the president that we need to let the top tax bracket expire. he ran explicitly on that. there weren't a lot of explicits in this presidential campaign, but that was one of them. i think it ought to be
, but as of now, no evidence there's any future negotiations scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1st for those earning more than $250,000 a year, but extending them for everybody else. just 32% say the cuts ought to be extended across the board. joining us now to talk fiscal cliff and ramifications for all of us around here in the d.c. area, virginia congress member gerry connolly, a democrat representing annandale,...
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Dec 6, 2012
12/12
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WUSA
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house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> reporter: treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the g.o.p. doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner took a position i think the day aft campaign that said we're willing to bring in revenue but we're not willing to in
house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: whether the talks happen on the phone or in person, here on capitol hill or...
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Dec 5, 2012
12/12
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WUSA
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. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making over $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> revenues we're putting on the table will come from, guess who, the rich. >> reporter: house republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy and they invited small business owners here to capitol hill to make their point. max olson opened an insurance company this year and is concerned he won't be able to add employees. >> if you add their payroll plus an extra tax amount, then i might not be able to hire them because of it. >> reporter: president obama pressed his case tuesday with ceos of some of the country's largest companies. >> and i'm here to tell you that nobody wants to get this done more than me. >> reporter: the president says he wants to raise tax rates on just about everyone in the room to balance the budget. >> we're not insisting on rates just out of spite or out of any
. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making over $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> revenues we're putting on the table will come from, guess who, the rich. >> reporter: house republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy and they invited...
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Dec 6, 2012
12/12
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WUSA
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president obama and house speaker john boehner did speak on the telephone. right now, though, there's no evidence any future negotiations are scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1 for those earning more than $250,000 a year. but extending them for everyone else. >> just 32% think the cuts should be extended across the boards. >> at 6:37 rchtion it's time for -- at 6:37, it's time for another your money report. >> jessica doyle is talking about the real possibility we actually will indeed go over the cliff. >> they say good things come to those who wait except maybe in the case of the fiscal cliff. timothy geithner said the administration will absolutely take the leap. but some say both sides could wait till january to get down to business without any big economic consequences. the expiration of the bush tax cuts forcing tax rates higher on 90% of americans won't be felt right away. some economists actually call this the fiscal float instead of the cliff because the impact would be fel
president obama and house speaker john boehner did speak on the telephone. right now, though, there's no evidence any future negotiations are scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1 for those earning more than $250,000 a year. but extending them for everyone else. >> just 32% think the cuts should be extended across the boards. >> at 6:37 rchtion it's time for -- at 6:37, it's time for another your money...
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. >>> and amid tough negotiations to avoid going over the so-called fiscal cliff. president obama meets with bipartisan groups of governors about the problem today. the meeting a day after house speaker jonathan boehner laid a republican plan to solve the crisis on the table and calls for $800 billion in higher taxes revenue and does not increase taxes on wealthy americans. the white house is rejecting the offer, saying any deal must include an end to tax cuts for families making over $250,000. >>> and the senate has approved a new u.s. commander for the war in afghanistan. he's marine corporal general joseph doneford and replaces general john al llen, nominatedo head forces in europe. allen's nomination on hold because of his involvement in the sex scandal that brought down former cia director david petraeus. >>> in foreign news, new intelligence reports, indicate syria's government may be preparing to use chemical and biological weapons against the rebels. in response though, the u.s. and its allies are considering military options. here's abc's martha raddatz. >
. >>> and amid tough negotiations to avoid going over the so-called fiscal cliff. president obama meets with bipartisan groups of governors about the problem today. the meeting a day after house speaker jonathan boehner laid a republican plan to solve the crisis on the table and calls for $800 billion in higher taxes revenue and does not increase taxes on wealthy americans. the white house is rejecting the offer, saying any deal must include an end to tax cuts for families making over...
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Dec 2, 2012
12/12
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FOXNEWSW
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that poses an issue or problem for obama administration. all of this in front of a world or at least 138 countries that were looking at this. they are saying get your act together. more left or right wing, disinterested fatigued world that no longer cares about the israeli-palestinian issue leaves the issue as the devices of the israelis and palestinians. that hasn't yielded any results. >> shannon: pinkus thank you for your time today. >> thank you. some thought the fight over healthcare was over but not so fast. supreme court breathes life to challenge of the healthcare law. that is coming up. arizona governor jan brewer facing another lawsuit. we will tell you who is suing and why next. [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick me, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male ann
that poses an issue or problem for obama administration. all of this in front of a world or at least 138 countries that were looking at this. they are saying get your act together. more left or right wing, disinterested fatigued world that no longer cares about the israeli-palestinian issue leaves the issue as the devices of the israelis and palestinians. that hasn't yielded any results. >> shannon: pinkus thank you for your time today. >> thank you. some thought the fight over...
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Dec 6, 2012
12/12
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MSNBC
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while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >> it's really time for republicans to face reality. i would hope the house of representatives would look closely at what's going on with senators coming out saying please, mr. speaker, do something about protecting the middle class. >> and it appears house republicans are also ready, at least some of them, to give he house speaker boehner more flexibility. "the washington post" reports, quote, many gop centrists and some conservatives call on the house speaker to concede on rates now while he still has some leverage
while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >> it's really time for republicans to face...
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Dec 7, 2012
12/12
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KPIX
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. >> reporter: the two parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. >> reporter: with the clock ticking toward the fiscal cliff deadline, government workers have joined the push but they want to make sure they're not cut out of the deal. >> federal employees that i represent have offered up $103 billion to the federal deficit. >> reporter: jd cox of the american federation of government employees say they can't afford anymore cuts and going over the fiscal cliff will impact millions of americans. >> there would be a lot of federal employees who would be furloughed or riffed and would lose their jobs. >> reporter: economists say the combination of automatic spending cuts and tax increases that will kick in january 1st if congress and the president don't reach an agreement could plunge the country back into recession. danielle nottingham,
. >> reporter: the two parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. >> reporter: with the clock ticking toward the fiscal cliff deadline, government workers have joined the push but they want to make sure they're not cut out of...
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Nov 30, 2012
11/12
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KPIX
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president obama's insistence that any deal include higher tax rates for high-income earners. we asked wyatt andrews to tell us how that might affect small businesses. >> so we need a couple of boxes for these. >> reporter: kevin green owns two flower and gift shops in alexandria, virginia, and he says raising taxes on the wealthy won't just hurt him. it will hurt his workers and the economy. >> all you do is reduce the capital available for investment and employment. >> reporter: small business owners typically report business income on their personal taxes. in a good year, green's income will exceed $250,000, making him one of the taxpayers the president says should pay more. in his case, an estimated $8,000 more. what's the economic downside to asking eight more thousand dollars for you? >> i don't have $8,000 to spend on those employees or that inventory or the business that draws customers. >> reporter: by congressional estimates there are some 941,000 high-income small businesses. the president says that number includes truly rich small firms like hedge funds, but when r
president obama's insistence that any deal include higher tax rates for high-income earners. we asked wyatt andrews to tell us how that might affect small businesses. >> so we need a couple of boxes for these. >> reporter: kevin green owns two flower and gift shops in alexandria, virginia, and he says raising taxes on the wealthy won't just hurt him. it will hurt his workers and the economy. >> all you do is reduce the capital available for investment and employment. >>...
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come down to speaker boehner and president obama. we wait, watch and listen to see if there are hints of progress. none so far. >> kate bolduan reporting live from washington. >>> in washington state, love is in the air. same-sex marriage now legal there. at midnight couples lined up to get a license and the very first couple to tie the knot in seattle. two women together for 35 years. right now same-sex marriage is legal in nine states and the nation's capital while civil unions are available in five other states. >>> smoke them if you got. r recreational marijuana is now legal washington state. pot smokers lit up like it was new year's eve. the new voter approved initiative went into effect at midnight. technically this is illegal. for now the seattle police department is turning a blind eye. last night this notice was sent out to all officers. "until further notice, officers shall not take any enforcement action other than a verbal warning for violation of 1-502." what was it like? >> reporter: well, it was certainly interesting.
come down to speaker boehner and president obama. we wait, watch and listen to see if there are hints of progress. none so far. >> kate bolduan reporting live from washington. >>> in washington state, love is in the air. same-sex marriage now legal there. at midnight couples lined up to get a license and the very first couple to tie the knot in seattle. two women together for 35 years. right now same-sex marriage is legal in nine states and the nation's capital while civil unions...
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Dec 4, 2012
12/12
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CNNW
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. >> let's talk about the negotiations themselves. president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no way at all, and beyond that while they might have some agreement on other issues, those remain the sticking points. i did hear from an administration official a short time ago who told me no update whatsoever when i asked whether or not there would be some counteroffer, i guess, the counteroffer from republicans. so that remains the big sticking point, and it appears that until there's some movement on that, there really won't be an agreement. >> and before you go, i understand speaker boehner and the president were at a holiday reception and, well, what happened? >> well, you know, as you
. >> let's talk about the negotiations themselves. president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no...
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Dec 6, 2012
12/12
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CSPAN
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president obama speech to members of the business roundtable about the negotiations and the economy. he told ceos he would not negotiate. because of technical problems, we can only show you part of his remarks. >> we are grateful for both the electricity and the engagement we have had with members of your team. i know your team has really reached out significantly over the last few months to many people in this room and i know personally, the outreach to us is genuine and we know you are seeking solutions. but that was outlined very sincerely this morning when we met with jack and the rest of the team. i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wallflowers' in here. we are eager for a two-way exchange nonetheless. hopefully your take away would be to have a useful purpose in the dialogue. mr. president, thank you for joining us today. [applause] >> good morning everybody. it is great to see all of you. many of you had a chance to see individually or in small groups over the last several months but good to be back at th
president obama speech to members of the business roundtable about the negotiations and the economy. he told ceos he would not negotiate. because of technical problems, we can only show you part of his remarks. >> we are grateful for both the electricity and the engagement we have had with members of your team. i know your team has really reached out significantly over the last few months to many people in this room and i know personally, the outreach to us is genuine and we know you are...
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Dec 7, 2012
12/12
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CSPAN
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to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday, he finally revealed that that is not really is true intent. by demanding the power to raise the debt limit whenever he wants, by as much as he wants, he showed what he is really after is assuming unpreceden
to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is...
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Dec 1, 2012
12/12
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FOXNEWSW
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back, everybody. 31 days until the nation is set to go over the so-called fiscal cliff and president obama making his case to raise taxes on the rich while john boehner, the speaker of the house opens negotiating. >> it's not acceptable to me and i don't think it's acceptable to you, for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want the tax rates on upper income folks to go up. all right? that, that doesn't make sense. >> increasing tax rates draws money away from our economy that needs to be invested in our economy that needs to put the american people back to work. it's the wrong approach. and we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions and not raising rates. >> clayton: so with all of that, the white house saying they're unwilling to compromise on tax likes for the wealthy, where do we go from here. >> juliet: let's ask dana perino, currently on "the five" fox news channel. >> how are you. >> a great so-so far, lots of calories on that tab
back, everybody. 31 days until the nation is set to go over the so-called fiscal cliff and president obama making his case to raise taxes on the rich while john boehner, the speaker of the house opens negotiating. >> it's not acceptable to me and i don't think it's acceptable to you, for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want the tax rates on upper income folks to go up. all right? that, that doesn't make sense. >>...
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Dec 6, 2012
12/12
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WTTG
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the hope is that this is a sign the two sides are trying to kick start negotiations. fox 5's bob barnard has more. >> i hope he with can come together. it is important to avoid the fiscal cliff and to do it the right way. >> reporter: doing it the right with a depends on who you are speaking to. i asked chris van hollen what happens if the white house and republicans in congress cannot reach a deal by january 1st. >> it doesn't necessarily mean january 2nd the world falls apart. but what it does mean is, if you go into january, deeply into january without having resolved these issues, taxes will go up across the board on everybody. that is a big tax increase. >> reporter: and deep across the board spending cuts in defense and other areas of the federal government. >> the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come do
the hope is that this is a sign the two sides are trying to kick start negotiations. fox 5's bob barnard has more. >> i hope he with can come together. it is important to avoid the fiscal cliff and to do it the right way. >> reporter: doing it the right with a depends on who you are speaking to. i asked chris van hollen what happens if the white house and republicans in congress cannot reach a deal by january 1st. >> it doesn't necessarily mean january 2nd the world falls...
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Dec 6, 2012
12/12
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WTTG
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. >> one of the biggest criticisms of president obama and the administration has been they tend to negotiate against themselves. i'm at this position and a week later i'm at this position. what he's trying to do is show their hardening their stance but in the end they will make a deal. it's hard to raise $1.6 trillion in revenues. most of the deals we've seen that were working were two and a half to one spending cuts. and all you are hearing about is revenues. >> the republicans on the hill really believe that the president is prepared to go over the cliff and blame them. they believe this is a political exercise. and so they believe that's what's happening. gietner hardened their position. >> we have about a minute left. want to shift focus to syria. there's word that they are preparing chemical weapons i mean loading some of these chemical weapons into bombs and into planes. what are your concerns about this? there are the obvious concerns. but this puts the u.s. in a difficult position with how you deal with this if president asad goes forward with this. >> president obama has a huge prob
. >> one of the biggest criticisms of president obama and the administration has been they tend to negotiate against themselves. i'm at this position and a week later i'm at this position. what he's trying to do is show their hardening their stance but in the end they will make a deal. it's hard to raise $1.6 trillion in revenues. most of the deals we've seen that were working were two and a half to one spending cuts. and all you are hearing about is revenues. >> the republicans on...
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Dec 4, 2012
12/12
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CURRENT
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obama is on the side of the 98% and john boehner is on the side of the 2%. the republican party right? i think it is as clear as that. don't the american people see that? >> i think that's why the president is going around the country to put pressure on them because in the end i mean the end, the tax cuts expire and so tax rates go up and the president comes back to congress and says you know, give the tax break back to the middle class and i don't know what republicans are going to do then. they're going to continue to try to fight for the 2%. i don't know. but he's doing it right and he shouldn't see -- he shouldn't seed the ground on that issue. he shouldn't seed it. that was what the election is about. republicans are trying to say well george bush tried that with social security. george bush in '04 didn't talk about privatizing social security. he wouldn't have won. he acted like that was his mandate. he was going to spend his capital for it. this was an election issue. we all were very clear. i was clear in my debates. you don't do more tax cuts for th
obama is on the side of the 98% and john boehner is on the side of the 2%. the republican party right? i think it is as clear as that. don't the american people see that? >> i think that's why the president is going around the country to put pressure on them because in the end i mean the end, the tax cuts expire and so tax rates go up and the president comes back to congress and says you know, give the tax break back to the middle class and i don't know what republicans are going to do...
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Dec 6, 2012
12/12
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CURRENT
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president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of the amount of revenue that's needed for a balanced package. >> bill: just won't cut it. the president said. he also appeared yesterday morning on tom joyner's radio show. and said if you want a deal, if you want a compromise, there's only one way to get there and that's the one thing missing if republicans will agree that tax rates will not -- will not -- the tax cuts will not continue for the top 2%. he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that,
president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of...
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Dec 7, 2012
12/12
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CURRENT
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the "new york times" reported this morning that boehner and obama -- boehner has requested private negotiations with obama. i don't know what -- i am not sure why that's important at the that you can on the phone privately. they are looking for a way out they have signaled some private openness if they could kick it up to 37% instead of 39% if they get some entitlement savings they could sell. >> the president would get 39-6 for the upper income folks with doing nothing and no entitlement cuts by doing nothing? >> right. >> it would be a deal. you would guess the president would want some sort of package and wouldn't want to go over the cliff. it would be politically and substantively. this is what republican aids say. he has the chance to do something big. if he come our way i am not negotiating this. >> you need to get something in order to do something. we are getting ahead of ourselves. this is the conversation that we have to have. this is the conversation that's the going on all over washington today or at least should be except congress went home. >> we are talking about it. >> exactly.
the "new york times" reported this morning that boehner and obama -- boehner has requested private negotiations with obama. i don't know what -- i am not sure why that's important at the that you can on the phone privately. they are looking for a way out they have signaled some private openness if they could kick it up to 37% instead of 39% if they get some entitlement savings they could sell. >> the president would get 39-6 for the upper income folks with doing nothing and no...
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Dec 6, 2012
12/12
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WJLA
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president obama call don banner to discuss ways to avert this. congress's joint economic committee will hold. today on how the fiscal cliff could affect the middle class economic growth, and the deficit. >> it's 35 degrees on this thursday morning. next, an unusual decision by judge. >> which of two people with a criminal past deserved to go to annapolis to represent prince george's county? greg good morning and welcome back. right now we are little busy on the maryland beltway. not seeing any delays for now but prepare for the morning rush-hour. this is footage from a tractor- trailer that overturned loaded with boxes of pineapples. leaving college park and to 270 the right lane will be blocked the entire morning rush hour. they're waiting for a truck to offload the boxes. john gonzalez will have more details later. but the right lane will be blocked through the morning rush hour. after 9:00 we will try to get that back on its wheels. how about the forecast? >> 36 degrees. it is cold this morning. the big chill has returned to the metro area. yo
president obama call don banner to discuss ways to avert this. congress's joint economic committee will hold. today on how the fiscal cliff could affect the middle class economic growth, and the deficit. >> it's 35 degrees on this thursday morning. next, an unusual decision by judge. >> which of two people with a criminal past deserved to go to annapolis to represent prince george's county? greg good morning and welcome back. right now we are little busy on the maryland beltway. not...
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Dec 7, 2012
12/12
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negotiators are meeting behind closed doors to hash out a deal. president obama tried to put more pressure on republicans on thursday. he visited a family in virginia to highlight the impact of government spending cuts on the middle class. >> because democrats and republicans are not coming together to solve this problem -- >> republicans say they will support raising revenue by closing loopholes. >> therightward legislation. -- has pushed forward a right to work legislation. union activists shouted during the debate. several were arrested. the legislation prevents unions and from collecting fees from non-union workers. michigan's governor said he will sign the bill. >> 4:51 right now. up next, a new role for >> 4:53. let's take a look at weather. clacks good morning. we have a damp start to some areas. not much in the district, to the southeast. this is all very light. a little bit of paint showing at the mason dixon line. a little bit of snow baby -- maybe mixing into these areas. nothing i am terribly worried about. it is very light and very fo
negotiators are meeting behind closed doors to hash out a deal. president obama tried to put more pressure on republicans on thursday. he visited a family in virginia to highlight the impact of government spending cuts on the middle class. >> because democrats and republicans are not coming together to solve this problem -- >> republicans say they will support raising revenue by closing loopholes. >> therightward legislation. -- has pushed forward a right to work legislation....
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there's hope that the bacon soon return to the negotiating table. president obama called the house speaker to discuss ways to prevent huge tax increases and spending cuts in january. congress' joint economic committee will hold talks today. >> propofol hockey is returning to the verizon center for one night. tonight the admirals' of norfolk will play. -- professional hockey is returning. there are signs the ice could be thawing between players and owners. both sides sound optimistic the season can be salvaged. talks will continue today. the work stoppage has wiped out all games through december 14 as well as the new year's day winter classic and the all-star game. >> same-sex marriage licenses will be issued starting today and several maryland counties. couple will be able to get married starting on january 1. some counties that have confirmed they will begin issuing licenses today include anne arundel frederick, and montgomery. maryland maine, and washington became the first states to pass a same-sex marriage by popular vote. washington state same-
there's hope that the bacon soon return to the negotiating table. president obama called the house speaker to discuss ways to prevent huge tax increases and spending cuts in january. congress' joint economic committee will hold talks today. >> propofol hockey is returning to the verizon center for one night. tonight the admirals' of norfolk will play. -- professional hockey is returning. there are signs the ice could be thawing between players and owners. both sides sound optimistic the...
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cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway in virginia. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and he's getting economic warnings from his own team that say, don't believe the congressional budget office, which is kind of rosy about this, who says it would be a tough 2013 if we went over the cliff but things would get better. he is getting updates saying, no, no, no, we will go into recession. >> therefore, let's g
cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway...
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oklahoma's tom cole, a member of congress says the grand old party should take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ woman ] . progresso. in what wo
oklahoma's tom cole, a member of congress says the grand old party should take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is...
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meantime, president obama is giving a stern warning to republicans who may be trying to use the debt ceiling as leverage. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> we should say that the president and house speaker john boehner did speak by phone yesterday. that was the first time in a week. no one is saying what the conversation was about. shortly after that call treasury secretary tim geithner went on cnbc and said the white house is ready to go off the cliff. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff in. >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. it's only 2%. >> i want to bring in "usa today" bureau chief and welcome to both of you. where are we in these negotiations, susan? >> i think the most encouragin
meantime, president obama is giving a stern warning to republicans who may be trying to use the debt ceiling as leverage. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> we should say that the president and house speaker john boehner did speak by...
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are negotiations for two, the speaker and president obama, that they were working through a deal to avoid the fiscal cliff. now a number of democrats have been pushing back saying we have not been excluded. nancy pelosi says she has spoken to the president. there are also a number of republicans saying that they are involved. michael steele, who was a spokesman for the speaker said, if we are going to solve this problem, the white house and speaker have important roles. the bottom line is that it's probably the president and speaker doing the heavy lifting on this but we will see what speaker boehner has to say. we'll have that for you live at the top of the hour. >>> in the meantime, amazing new video from nasa. you may have already seen these incredible pictures. look at this. this is the earth at night illuminated by city lights across the planet. but there's this new report about whether nasa can maintain its leadership role in space exploration. let me bring informer space shuttle engineer, james oberg. it's been a while. thank you, james. >> hello, chris. >> the council is say
are negotiations for two, the speaker and president obama, that they were working through a deal to avoid the fiscal cliff. now a number of democrats have been pushing back saying we have not been excluded. nancy pelosi says she has spoken to the president. there are also a number of republicans saying that they are involved. michael steele, who was a spokesman for the speaker said, if we are going to solve this problem, the white house and speaker have important roles. the bottom line is that...
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get a grip and stop negotiating with president obama. good advice. they are the majority. they're not the minority. >> good plan. >> stephanie: he told republicans don't need to form a surrender caucus. he said there is no fiscal cliff. it's absolute total nonsense. he's obviously-- >> crazy. >> stephanie: the first guy you want advice from. the guy who shut the government down, do you remember? then they lost in landslides because of that guy there. okay dan in chicago. hi dan. hello dan. dan, dan, going once, how about garth in washington. hi garth. >> caller: hi, stephanie how are you today? >> stephanie: good, go ahead. >> caller: i'm a boy here in washington, and we're going over this cliff, but i think the cliff was passed a long time ago. what is wrong with the flat tax where everybody paid the same. i don't know enough about it, but nobody speaks of that. also-- >> stephanie: you're talking about the steve forbes, he's the one who brings that up every year. i know it sounds simple. a lot of times things that sound simple are not necessarily the best idea. >> it wou
get a grip and stop negotiating with president obama. good advice. they are the majority. they're not the minority. >> good plan. >> stephanie: he told republicans don't need to form a surrender caucus. he said there is no fiscal cliff. it's absolute total nonsense. he's obviously-- >> crazy. >> stephanie: the first guy you want advice from. the guy who shut the government down, do you remember? then they lost in landslides because of that guy there. okay dan in chicago....
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the two principles remain far from face-to-face negotiation apparently. fox news chief white house corresndent ed henry has the latest. >> pulling on the heart strings like he's on the campaign trail, president obama vsited a middle class family in virginia. >> a couple thousands dollars means a couple months rent for this family. >> again, trying to frame the battle over the miscall cliff as being all about taxes with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%, but e remain optimistic we can get something done that are good for families like this one, and that's good for the american economy. >> republicans believe the reason the president is going light on spending cuts while demanding the budget deal include another increase in the nation's debt ceiling is clear. >> this is not about getting a handle on deficits or debt for him. it's about spending even more than he has. >> white house aids reject the republican claims that holding the debt limit over the p
the two principles remain far from face-to-face negotiation apparently. fox news chief white house corresndent ed henry has the latest. >> pulling on the heart strings like he's on the campaign trail, president obama vsited a middle class family in virginia. >> a couple thousands dollars means a couple months rent for this family. >> again, trying to frame the battle over the miscall cliff as being all about taxes with no mention of spending cuts. >> i'm not going to...
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mabel the phone conversation with obama was a little more terse. we went from being down 100 to up 100. we haven't had that kind of swing in over a year. we are laser focused on d.c. and those negotiations as usual. >> brian brings up 2.7 number, steve rattner. i guess you look at the numbers and you compare them to where we were at points in the '80s, the '90s, even 2004, 2005. it may not look good. compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as brian said. essentially we look at housing, consumer spending. the economy is on a pretty good track. the question is whether we go over the cliff at the end. >> joe, i just will say, there's kind of an underlying sense that if we get the right deal -- and i think all of us sort of know what that includes, that we are kind of spring-loaded for serious growth. the
mabel the phone conversation with obama was a little more terse. we went from being down 100 to up 100. we haven't had that kind of swing in over a year. we are laser focused on d.c. and those negotiations as usual. >> brian brings up 2.7 number, steve rattner. i guess you look at the numbers and you compare them to where we were at points in the '80s, the '90s, even 2004, 2005. it may not look good. compare that number to the rest of the world, suddenly the u.s. economy is looking pretty...
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a republican source says president obama and house speaker john boehner spoke by phone. >> we need a response from the white house. we can't negotiate with ourselves. >> the hold upright now is that speaker boehner took a position, i think the day after the campaign that said we're willing to bring in revenue, but not willing to increase rates. >> reporter: gridlock, 26 days and counting. no word on what the president and speaker boehner discussed. given the fact there's not a lot of progress, just the fact they were on the phone represents a small development. tracie potts, nbc news, washington. >>> new information into vincent gray's campaign. sources tell "the washington post" some of his campaign staff hid donations. it cites people familiar with the probe. city employees and contractors were promised their contributions would not be reported. it goes against finance laws. the donations are different from an illegal shadow campaign that raised more than $600,000 for mayor vincent gray. >>> new this morning, d.c. firefighters are trying to figure out what sparked flames in this ap
a republican source says president obama and house speaker john boehner spoke by phone. >> we need a response from the white house. we can't negotiate with ourselves. >> the hold upright now is that speaker boehner took a position, i think the day after the campaign that said we're willing to bring in revenue, but not willing to increase rates. >> reporter: gridlock, 26 days and counting. no word on what the president and speaker boehner discussed. given the fact there's not a...
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yesterday's negotiations cons t consisted of a phone call between president obama and house speaker john boehner. both are still sticking so their separate plans. the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year, to get their way on tax and spending cuts. the pentagon is also preparing to make cuts if no deal is reached. the preliminary plan is to cut $500 billion in programs. the pentagon spokesman says it could force them to abandon their new military strategy. it's also likely to affect spending and military weapons. >>> melissa with some breaking news. >> at least five pe
yesterday's negotiations cons t consisted of a phone call between president obama and house speaker john boehner. both are still sticking so their separate plans. the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve...
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yesterday's negotiations consisted on a phone call between president obama and house speaker john boehner. both are still sticking to their separate plans. the president's plan raises taxes on the top 2% to raise 1.6 trillion in revenue, while the gop wants to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any moment to sit down with the president to get serious about solving this problem. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year to get their way on tax and spending cuts. the pentagon is already planning major cuts in case there is no deal. the preliminary plan is to cut 500 billion dollars in jobs and programs. the pentagon's spokesman says those cuts could force the defense department to abandon its new military strategy. it's also likely to affect spending on weapons and technology programs as well as how the military provide
yesterday's negotiations consisted on a phone call between president obama and house speaker john boehner. both are still sticking to their separate plans. the president's plan raises taxes on the top 2% to raise 1.6 trillion in revenue, while the gop wants to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any...
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negotiations on a budget deal will continue today. meanwhile, president obama says a northern virginia family is proof that a deal must get done before the end of the year. he met with tiffany and richard santana yesterday. the middle class couple is living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> at first it was just that white house.gov was going to come and get a little more information about our story, and we really thought it was going to be that, just white house.gov coverage. as the days went on, we understood that that senior white house officials was the white house official. so it was pretty exciting for us. >> president obama and lawmakers now have less than four weeks to reach a deal to avoid steep tax hikes and spending cuts from taking effect. >>> 4:34 now. melissa mollet is at the live desk with breaking news. good morning, melissa. >> good morning. sirens are going off. a tsunami warning in japan. take a look at this video we
negotiations on a budget deal will continue today. meanwhile, president obama says a northern virginia family is proof that a deal must get done before the end of the year. he met with tiffany and richard santana yesterday. the middle class couple is living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> at first it was just that white house.gov was going to come and get a little more information about...
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we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's not where he used to be. he's quadrupled the amount of taxes he demands. he now has to have rates instead of just numbers. it's going to be interesting what he is doing but it appears he's not trying to come to any agreement. his position is one that the senate, the democratic senate, has rejected in the past. >> robert reish, 60% of americans according theo a new c news/"the washington post" poll believes they should raise taxes on those over $250,000 a year. presume b presumably president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely tru
we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's not where he used to be. he's quadrupled the amount of taxes he demands. he now has to...
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house republican leaders have made a counter offer to president obama in the fiscal cliff negotiations proposing to cut to true knowledge with a combination of spending cuts come entitlement reform, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal cliff passes in january. >> board or series looking into the so-called fiscal cliff, we turn our attention to deductions and tax loopholes. some of them are potentially on the chopping block. joining us from the wall street journal is don mckinnon. thanks so much for joining us today. what are the loopholes and deductions? we hear those words a lot, but what are they? guest: loopholes or tax breaks of all different sorts, and whether you like a particular loophole or not depends on where you sit, i guess. there are lots of loopholes that are deductions. deductions are those that most people are familiar with
house republican leaders have made a counter offer to president obama in the fiscal cliff negotiations proposing to cut to true knowledge with a combination of spending cuts come entitlement reform, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal...
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never, ever show modesty when you are negotiating with middle easterners. [laughter] windows something about trade. we know something about negotiations. you go to a negotiation with limited negotiation and you lose everything. this is the attitude you need to have. >> i wanted to ask a question about the relationship about a strategy of economic pressure which the u.s. in the west is pursuing against iran and human rights. i would phrase it this way -- the u.s. clients and the p-5 claim and there is evidence for it that this has devastated the oil exports for iran -- there's a counter argument that sometimes this punishes average iranians in this process. nevertheless, there is clearly, perhaps for the first time, evidence that we have sections that may deserve the phrase crippling to be attached to them. do you have any evidence -- let's start with emanuele - that this economic pressure is weakening the regime and as a weaker -- respond by only cracking down harder or is there some scope for hope that it will help the human rights picture in iran? >> ther
never, ever show modesty when you are negotiating with middle easterners. [laughter] windows something about trade. we know something about negotiations. you go to a negotiation with limited negotiation and you lose everything. this is the attitude you need to have. >> i wanted to ask a question about the relationship about a strategy of economic pressure which the u.s. in the west is pursuing against iran and human rights. i would phrase it this way -- the u.s. clients and the p-5 claim...
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as president obama and congressional leaders continue to negotiate ways to avoid the fiscal cliff, the congressional black caucus will adhere to the following principles in considering its support of any agreement. first, we must protect our social safety net. social security should be completely off the negotiating table since it doesn't add to the deficit. additionally, the congressional black caucus will oppose any plans that changes eligibility for medicare. investments in job training, education, health care, transportation and infrastructure should not be cut to pay for the extension of any of the bush-era tax cuts. these vital government investments are critical to our nation's short-term recovery and long-term economic prosperity. the simpson-bowles commission set a goal of $4 trillion in deficit reduction over the next decade. considering that goal, $1.5 trillion in cuts have already been agreed to through the spending caps in the budget control act of 2011. nondefense discretionary spending as a percentage of g.d.p. is at a 50-year low. additional savings through military ope
as president obama and congressional leaders continue to negotiate ways to avoid the fiscal cliff, the congressional black caucus will adhere to the following principles in considering its support of any agreement. first, we must protect our social safety net. social security should be completely off the negotiating table since it doesn't add to the deficit. additionally, the congressional black caucus will oppose any plans that changes eligibility for medicare. investments in job training,...
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. >> president obama got his wish, rather than negotiating with republicans he was hamering them. back on the campaign trail in a factory that makes angry bird toys. >> it's not accept to believe me and i don't think it's acceptable for you for republicans in congress to hold middle class tax cuts hostage because they don't want the tax rates on the upper income folks to go up. >> within minutes, john boehner fired back the talks are on life support. >> let's not kid ourselves. >> boehner ripped the president for sending treasury secretary ti tim geithner to capitol hill with a proposal that led mitch mcconnell literally burst out laughing. >> the white house took three weeks to respond with any kind of proposal. and much to my disappointment, it wasn't a serious one. >> their beef is the president campaigned on $800 billion in tax increases by ending the bush tax cuts for the wealthy. but is now proposing double that. $1.6 trillion. by adding tax hikes on dividends and capital gains. plus, the white house wants $50 billion in new spending next term alone in long term deal about c
. >> president obama got his wish, rather than negotiating with republicans he was hamering them. back on the campaign trail in a factory that makes angry bird toys. >> it's not accept to believe me and i don't think it's acceptable for you for republicans in congress to hold middle class tax cuts hostage because they don't want the tax rates on the upper income folks to go up. >> within minutes, john boehner fired back the talks are on life support. >> let's not kid...
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under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, well, we could live with 37. well, if you do that, you have violated everything you've said about what you stand for prior to that. min i mean, the easier way for boehner to handle this is to allow if not secretly encourage a vote to occur in the house on the senate bill. if boehner were to allow a couple of dozen of his people it to go sign the discharge petition so that that comes to a vote and it comes to a vote without boehner having his fingerprints on it, allowing some republicans to go over there and just vote for that, that's the cleanest way to get it done and violates the fewest principles of other republicans who otherwise had to cast a vote on something. >> at
under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, well, we could live with 37. well, if you do that, you have violated everything you've said about what you...